The Real Deal Miami

State Street completes 330,000 square feet of transactions near Miami airport

June 26, 2012 09:45AM

George Pino

Miami-based State Street Realty has completed 332,537 square feet of office and industrial sales and leases this month in the Miami Airport submarket, the firm announced today. The deals totaled $14.48 million. “State Street Realty continues to see signs of strength in the industrial sector of the Miami Airport West area,” State Street President George Pino said. “You will continue to see a significant amount of industrial space absorbed as many tenants have shown a strong desire to expand their warehouse space, which is an excellent trend not seen in previous years.” The largest deal was a 93,218-square-foot lease renewal by Agility Holdings at Prologis Beacon Industrial Park. — Alexander Britell